Serie A clubs could extend the contracts of all players rather than cut their wages now to help them out during the current crisis situation according to a report in today’s print edition of Corriere dello Sport.
It has been widely speculated that clubs could ask players to take cuts to their salaries up to as much as 30% to help ease the financial impact of the current situation but the Italian players association have come up with an alternative way things could be done.
All teams sign their players to new contracts with reduced terms to those they are currently on but due to the fact the contracts would be longer the players would not be missing out on cash whilst clubs would be spreading the cost of contracts over a longer period.
Moreover, the report from the Rome based newspaper highlights that this will also help clubs out when it comes to the transfer market as the longer contracts will mean more amortisation and thus greater potential to make bigger capital gains.
